2024-07-16 10:45:49 am | Source: Religare Broking
Stock of the day : NTPC Ltd For Target Rs. 405 - Religare Broking
NTPC Ltd.
* NTPC has been witnessing price and time wise correction after hitting 52 week high.
* It consolidated for nearly a month while holding up gains above its short term moving average suggesting accumulation in the stock.
* It has registered a breakout from this broader consolidation range with noticeable volumes indicating price to attract fresh upward momentum.
* Traders can consider fresh longs in the mentioned range
Buy NTPC Ltd CMP 385.65 Range 384-386 SL 375 Target 405
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Pre budget Quote on Technology & IoT sector by Jani ...
Department of Commerce introduces Diamond Imprest Au...
Daily Commodity Market Outlook 22.01.2025 by Mr. An...
TCS soars on the bourses
Hiring in India up by 31 pc in Dec, AI job market bo...
Stock Picks : Reliance Industries Ltd and DLF Ltd By...
India witnesses 8 pc jump in average flat size in 20...
Stock of the day : Aditya Birla Fashion and Retail L...
Pre-Budget Quote on OTT and Entertainment Sector by ...
Spot Silver is likely to rise further towards $31.20...
